International Hotel Investments plc - Information to maintain a fair market

On 25 March, International Hotel Investments plc announced that following the sanctions and resolutions imposed by the United Nations Security Council and European Union, IHI has implemented all the relevant restrictive measures in respect of the shareholding in the Company held by the Libyan Foreign Investment Company (LFICO). Nonetheless, these restrictive measures are aimed at freezing the shareholdings held by certain Libyan entities in companies worldwide and therefore do not disrupt the operation of the companies themselves especially when other shareholders have stakes too.

Notwithstanding this, IHI has sought and obtained all necessary clarifications and formal licences from several Governments in various jurisdictions where its businesses are in operation and has continued to trade normally.